Will the trickle down economics actually work?

[Brown echo]

 

[Brown echo]

 

[Dr.Brownz]

Corporate tax rates have been cut in half, republicans are claiming that those savings will "trickle down" to the employees working for those businesses.

UPS will be realizing those tax breaks for the entirety of this next union contract. Tax breaks that are supposedly suppose to "trickle down" to us union employees.

So what do you think we will see in this next contract? Will the trickle down theory actually prove correct, and we will see some big improvements in our contract? Or will the democrats be proven correct, and the large corporations will keep all those extra tax savings for themselves, while not trickling down any that money to us?

Do you even understand that "trickle down economics" is a term the democrats invented to disparage the republicans strategy which is actually called "supply side economics" in academic circles. Republicans never claimed anything about "trickle down" they don't use that fake term. Again this is the left manipulating language so no one knows what the hell we are really talking about.

So go google "supply side economics" and you will learn alot more than what information you got from CNN or MSNBC

 

[Brown echo]

 

[Dr.Brownz]

Keynesian Theory is something FDR and the New Left cooked up. It's a stepping stone for ushering in more government intervention in the economy. It is essentially demand side economics. If the people who create jobs have less incentive to create jobs there will be less jobs, simple as that.

 

[Jones]

Why Trickle Down Economic Works in Theory But Not in Fact

In the Real World of Work and Wages, Trickle-Down Theories Don’t Hold Up

Wealth doesn't trickle down – it just floods offshore, research reveals

 

[Brown echo]

 

[Brown echo]

 

[brown_trousers]

Do you even understand that "trickle down economics" is a term the democrats invented to disparage the republicans strategy which is actually called "supply side economics" in academic circles. Republicans never claimed anything about "trickle down" they don't use that fake term. Again this is the left manipulating language so no one knows what the hell we are really talking about.

So go google "supply side economics" and you will learn alot more than what information you got from CNN or MSNBC

Quoted from the office of president trump himself

“We create wage inflation, which means the workers get paid more; the workers have more disposable income, the workers spend more. And we see the whole trickle-down through the economy, and that's good for the economy.”

 

[Brown echo]

 

[Benben]

Quoted from the office of president trump himself

“We create wage inflation, which means the workers get paid more; the workers have more disposable income, the workers spend more. And we see the whole trickle-down through the economy, and that's good for the economy.”

What are you trying to say? If this was Trump's actual goal then 84% of the tax benefits would not have gone to the top 1%. 84% would have gone to the much larger percentage of the population, the workers who will then spend the money on goods and services. You do understand this right? Please tell me you understand how the quote you posted is a total con job!

Ok, lets try this, please answer me this; If Trump's and the Repub's actual goal is/was wage inflation why were they and him dead set against the minimum wage increases these past 2-3 years?

 

[Benben]

Do you even understand that "trickle down economics" is a term the democrats invented to disparage the republicans strategy which is actually called "supply side economics" in academic circles. Republicans never claimed anything about "trickle down" they don't use that fake term. Again this is the left manipulating language so no one knows what the hell we are really talking about.

So go google "supply side economics" and you will learn alot more than what information you got from CNN or MSNBC

Trickle down has been proven without a doubt in academic circles to not work so you and yours have reverted back to the"supply side" terminology. Well all but Laffer! Trickle down does not work period! It has NEVER worked and it will never work. Reagan tripled the debt when it was applied at the federal level. Brownback and Jindal have almost bankrupted entire states trying.

Trickle down will not work because when you give the top 1% more money they will do only 1 thing with it; they will use it in an attempt to amass more assets!!! The rich use the increased money to buy existing business's instead of starting new ones or creating more jobs. They buy companies from other rich dudes who are wanting to cash out!

 

[Brown echo]

 

[Dr.Brownz]

Trickle down has been proven without a doubt in academic circles to not work so you and yours have reverted back to the"supply side" terminology. Well all but Laffer! Trickle down does not work period! It has NEVER worked and it will never work. Reagan tripled the debt when it was applied at the federal level. Brownback and Jindal have almost bankrupted entire states trying.

Trickle down will not work because when you give the top 1% more money they will do only 1 thing with it; they will use it in an attempt to amass more assets!!! The rich use the increased money to buy existing business's instead of starting new ones or creating more jobs. They buy companies from other rich dudes who are wanting to cash out!

Investment + Labor creates more wealth to be distributed. You act like there is a finite amount of money and eventually the rich people will just have it all.

How do rich people go about attempting to (in your words) "amass more assets"?! Tell me please.

 

[Dr.Brownz]

Why Trickle Down Economic Works in Theory But Not in Fact

In the Real World of Work and Wages, Trickle-Down Theories Don’t Hold Up

Wealth doesn't trickle down – it just floods offshore, research reveals

All of these are left wing sources that support left wing causes! WEIRD HOW THAT WORKS OUT EY!?

 

[DriveInDriveOut]

All of these are left wing sources that support left wing causes! WEIRD HOW THAT WORKS OUT EY!?

Fake news right!
Lol, trumpflakes.

 

[bbsam]

All of these are left wing sources that support left wing causes! WEIRD HOW THAT WORKS OUT EY!?

But what if the information in them is correct?

 

[Benben]

Investment + Labor creates more wealth to be distributed. You act like there is a finite amount of money and eventually the rich people will just have it all.

How do rich people go about attempting to (in your words) "amass more assets"?! Tell me please.

We saw first hand the past 4 years in Kansas that as the L.L.C.'s and "pass through" entities paid less and less and then NO state taxes. Those increased profits were not plowed back into the business' to grow them as much as the owners used the savings to purchase other existing companies. We saw it across many different industries. From car dealerships to health clubs. We saw a large number of medical practices change hands and "merge" including specialty hospitals. We saw many chain franchise restaurants get "absorbed" into pass-through groups which owned many others. It had become the 1%'ers welfare. Avoid paying state taxes and use that money not to create jobs but to purchase existing business' from which to get richer while avoiding even more state taxes! There was no decrease in unemployment because of Brownback's tax plan as all the states around Kansas had lower unemployment. All the states around Kansas had better recovery after 2008. And until only last year no other state near Kansas added debt at even 1/2 the rate Kansas did.

This is what I meant when I said, "The rich use the increased money to buy existing business's instead of starting new ones or creating more jobs. They buy companies from other rich dudes who are wanting to cash out!" "amassing more assets"

Your "Investment + Labor creates more wealth..." is a very, very outdated econ 101 premise

Got a question for you. Since Trump still owns well over 200 "companies" (last I heard.), AND Before moving moving to DC his daughter and his son-in-law owned over 300 companies or were on the "boards" of those companies (I suspect the "controlling officers". A better word would be "benefiting officers" IMO.) My question to you is this; what percentage of those "companies" are actually pass-through entities and their "owners" will pay 21% fed tax in 2018 when they paid 39.6% in 2017.....before the accountants work their magics. ALL WHILE NOT ADDING 1 JOB OR PAYING 1 OTHER EMPLOYEE A DOLLAR MORE! You know....TRICKLE DOWN ECONOMICS!

I tried to write this not combative or confrontational or demeaning how'd I do?

 

[brown_trousers]

What are you trying to say? If this was Trump's actual goal then 84% of the tax benefits would not have gone to the top 1%. 84% would have gone to the much larger percentage of the population, the workers who will then spend the money on goods and services. You do understand this right? Please tell me you understand how the quote you posted is a total con job!

Ok, lets try this, please answer me this; If Trump's and the Repub's actual goal is/was wage inflation why were they and him dead set against the minimum wage increases these past 2-3 years?

You misunderstand, i was replying to dr brownz, who claimed republicans never claim the term "trickle down" and that it was a made up term by democrats that republicans never use. A quick internet search proved him wrong. Mr trump was quoted using that catch phrase for his tax plan.

 

[brown_trousers]

We saw first hand the past 4 years in Kansas that as the L.L.C.'s and "pass through" entities paid less and less and then NO state taxes. Those increased profits were not plowed back into the business' to grow them as much as the owners used the savings to purchase other existing companies. We saw it across many different industries. From car dealerships to health clubs. We saw a large number of medical practices change hands and "merge" including specialty hospitals. We saw many chain franchise restaurants get "absorbed" into pass-through groups which owned many others. It had become the 1%'ers welfare. Avoid paying state taxes and use that money not to create jobs but to purchase existing business' from which to get richer while avoiding even more state taxes! There was no decrease in unemployment because of Brownback's tax plan as all the states around Kansas had lower unemployment. All the states around Kansas had better recovery after 2008. And until only last year no other state near Kansas added debt at even 1/2 the rate Kansas did.

This is what I meant when I said, "The rich use the increased money to buy existing business's instead of starting new ones or creating more jobs. They buy companies from other rich dudes who are wanting to cash out!" "amassing more assets"

Your "Investment + Labor creates more wealth..." is a very, very outdated econ 101 premise

Got a question for you. Since Trump still owns well over 200 "companies" (last I heard.), AND Before moving moving to DC his daughter and his son-in-law owned over 300 companies or were on the "boards" of those companies (I suspect the "controlling officers". A better word would be "benefiting officers" IMO.) My question to you is this; what percentage of those "companies" are actually pass-through entities and their "owners" will pay 21% fed tax in 2018 when they paid 39.6% in 2017.....before the accountants work their magics. ALL WHILE NOT ADDING 1 JOB OR PAYING 1 OTHER EMPLOYEE A DOLLAR MORE! You know....TRICKLE DOWN ECONOMICS!

I tried to write this not combative or confrontational or demeaning how'd I do?

I bet the republicans are already planning their excuses for when this trickle down tax law fails. They will have a very well thought out excuse to blame it on democrats.